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Thursday, March 23, 2023

Top House Democrats: The $ 3.5 trillion spending bill will probably be smaller

Several top House Democrats have acknowledged they will likely cut the White House-backed $ 3.5 trillion budget reconciliation bill when several moderate members of the party expressed opposition to the move.

Representative James Cliburn (DSC), a third-ranked ranking Democrat, told CNN that the number could be lower.

“So it could be $ 3.5 (trillion), it could be really close to it or something else. So I think we should focus on the American people, think about what we need to do to get them to a better place, and then let the numbers take care of themselves, “Cliburn said on CNN’s” State of the Union “program on Sunday. Said.

Democrats, including House Speaker Nancy Pelosi (D-Calif.), Have set Sept. 27 as the deadline for voting on an infrastructure package. But Cliburn said Congress would probably not meet the deadline.

“The question is, are we going to work to reach our goal in September?” He said. “Yes, we are going to work hard to reach that goal, and sometimes you have to turn off the clock to reach that goal. We will do whatever it takes to get there. ”

House Budget Committee Chairman John Yarmouth (DK) echoed his remarks in an interview with Fox News on Sunday, saying it would be “slightly less than $ 3.5 trillion.” And he mentioned that “I would say that we’re probably going backwards from September 27th, my best guess would be early October.”

Some moderate members, including Sense. Since the Democrats have a 50-50 slim majority, any defection could potentially tank the measure.

Republicans are in complete opposition to the massive spending package, which Democrats say could be passed through a budget reconciliation process.

“These are not trivial matters. If we have an unimaginable lack of social infrastructure, access to affordable childcare, early childhood education, senior care infrastructure in this country, “Yarmouth added,” I think we need to focus on that, not money. “

The White House recently warned in a letter that the United States could enter a recession zone if it crosses the ion limit.

The White House said in a September 1 letter to state and local governments (PDF) that “hitting the debt limit could lead to a recession.” Economic growth will slow, unemployment will rise and the labor market could lose millions of jobs. ”

Jack Phillips

Senior Reporter


Jack Phillips is a reporter for The New York-based The Epoch Times.


This News Originally From – The Epoch Times

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